German sports brand Puma has promoted Anne-Laure Descours to the newly created position of chief sourcing officer. She will be responsible for sustainability within the group and join the management board on 1 February.
Japanese textile company Toki Sen-I Co. is suing Kanye West and his brand for alleged breach of contract, fraud and negligent misrepresentation, claiming that the rapper’s company held out on a payment of over $600,000.
The sportswear brand has teamed up with Richard Branson's Virgin Galactic to create next generation space suits and footwear for astronauts. The creations will showcase a blend of “safety, utility, comfort and style”.
SMCP has continued its run of impressive results with the owner of the Sandro, Maje and Claudie Pierlot brands saying that it saw double-digit sales growth last year with its turnover above €1bn for the first time.
Tiger of Sweden and By Malene Birger owner IC Group is selling its under-performing Saint Tropez brand to DK Company A/S and has also issued a warning that its remaining brands will be weaker than it had expected.
Budget fashion retailer Bonmarché issued a trading update on Friday and while its previous downbeat update had only been released last month, at least this one was a slightly - very slightly - more cheerful read.